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Deal reached, futures up a bit

Posted on 3/25/20 at 2:10 am
Posted by Sho Nuff
Oahu
Member since Feb 2009
11917 posts
Posted on 3/25/20 at 2:10 am
LINK

Let’s see what Thursday brings but I want to buy some more. I missed Monday buying as I was in meetings all morning.

Biggest winners?
This post was edited on 3/25/20 at 2:11 am
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16312 posts
Posted on 3/25/20 at 4:55 am to
quote:

Biggest losers?


The American people. Anytime some large bill is passed, we have to pay for it. Hopefully some good will come out of it.
Posted by go ta hell ole miss
Member since Jan 2007
13626 posts
Posted on 3/25/20 at 6:26 am to
Futures were up 700 and are now down. People that think this is going straight back up might be in for a rude awakening. Maybe it will and I hope so, but it seems like everyone just assumes Monday was the bottom. I am not sure why. The strengthening in the market right now seems to be gold and treasuries. That suggests we are not done.
This post was edited on 3/25/20 at 6:49 am
Posted by TypoKnig
Member since Aug 2011
8928 posts
Posted on 3/25/20 at 6:28 am to
Futures have gone down since the deal was announced.
Posted by 632627
LA
Member since Dec 2011
12761 posts
Posted on 3/25/20 at 6:50 am to
Trump said he wants us to open things back up by Easter.

I think that triggered some optimism, but everything I’ve heard since is thats not feasible.
Posted by Allthatfades
Mississippi
Member since Aug 2014
6727 posts
Posted on 3/25/20 at 7:03 am to
I don’t think Easter is doable but I do hope we are rolling by the end of April
Posted by titleist71
Member since Oct 2012
459 posts
Posted on 3/25/20 at 7:09 am to
Was this much $$$ really necessary?

How much of this package will be funded by tax payers’ dollars?

Airlines were identified in the presser, I didn’t see hotels or cruiselines mentioned. Will a list of the industries being bailed out be released?
Posted by TxWadingFool
Middle Coast
Member since Sep 2014
4369 posts
Posted on 3/25/20 at 7:18 am to
Cruise Companies that run under foreign flags need to be told to pound sand.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80778 posts
Posted on 3/25/20 at 8:12 am to
Cruise companies shouldn’t get a dollar. They aren’t an essential industry
Posted by CrawKing
Member since Mar 2018
180 posts
Posted on 3/25/20 at 8:14 am to
Looks like they gutted the forgiven payroll loans for small and midsized businesses.
Posted by rotrain
Member since Feb 2013
390 posts
Posted on 3/25/20 at 8:25 am to
quote:

Futures were up 700 and are now down. People that think this is going straight back up might be in for a rude awakening. Maybe it will and I hope so, but it seems like everyone just assumes Monday was the bottom. I am not sure why. The strengthening in the market right now seems to be gold and treasuries. That suggests we are not done.
Ding ding ding.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35333 posts
Posted on 3/25/20 at 8:26 am to
Link?
Posted by rotrain
Member since Feb 2013
390 posts
Posted on 3/25/20 at 8:36 am to
US businesses in china are at 25% right now according to the US Chamber survey. That is after china did a Much tougher quarantine AND mass testing and contact tracing. We are only doing 1 of those and its halfarsed.

So its taken them 3 months to sort of get going, but it will only take us 1.5 months to “start rolling again”.

Fair warning, what trump wants to do and what he can do are light years away from each other.
Posted by TigerDeBaiter
Member since Dec 2010
10266 posts
Posted on 3/25/20 at 8:37 am to
quote:

Cruise companies shouldn’t get a dollar. They aren’t an essential industry


Neither is 50% plus of the economy.

Screw you, communist.

I despise cruises, but they deserve aide here.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 3/25/20 at 8:39 am to
quote:

I despise cruises, but they deserve aide here.


they don't even pay American taxes

frick em
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80778 posts
Posted on 3/25/20 at 11:43 am to
quote:

Neither is 50% plus of the economy.

Screw you, communist.

I despise cruises, but they deserve aide here.
I'm against any sort of bailout, much less a company that is not considered essential and doesn't pay US taxes.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/25/20 at 12:46 pm to
quote:

I'm against any sort of bailout
For cruise line companies what is the "bailout" that you're against?
Posted by Sho Nuff
Oahu
Member since Feb 2009
11917 posts
Posted on 3/25/20 at 12:57 pm to
I know there's rough road ahead but when I look at all the green in my account right now from buying the past 3 weeks
Posted by TigerMan327
Elsewhere
Member since Feb 2011
5161 posts
Posted on 3/25/20 at 12:58 pm to
Do any of their thousands of employees pay taxes?
Posted by go ta hell ole miss
Member since Jan 2007
13626 posts
Posted on 3/25/20 at 4:00 pm to
quote:

Do any of their thousands of employees pay taxes?


Not typically. At least not for their work on cruise lines. They also don’t get social security benefits for that work, so there is a bit of a trade off.
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